Ziplink, Inc. (ZIPL)

[glenmorangie3]

Just received notification from my broker in the UK that the dtcc has notified them that ZIPL is no longer transferable, as the transfer agency services for such securities will no longer be provided.
The up-shot is they are going to remove the holding from the DTCC and my broker is going to remove them from my account. If I want to keep them in my account I have to pay a $5 per month charge passed on by the DTCC and also will incur quarterly safe custody charges.

''The DTCC has advised they will maintain accurate records for all such positions and in the unlikely event that any such securities become tansferable in the future, DTC will use its best efforts to restore the positions in your account''. Ye I believe them !!!!!!

Has anyone else received this notification and is there any chance of someone getting in touch with Henry M zachs 860-727-5702 to see if he is going to de-list the stock - seeing we do not have a transfer agent now.


GM